According to multiple sources, including Bankrate, Fortune, NerdWallet, USA Today, and Business Insider, there are several banks and credit unions that offer the best CD rates. The rates vary depending on the term of the CD, the minimum deposit required, and other factors. Here are some of the banks and credit unions that offer the best CD rates as of November 2023:

• First Internet Bank: 5.35% APY for 1-year CD
• MYSB Direct: 5.51% APY for 1-year CD
• Bread Savings: 5.60% APY for 1-year CD
• CFG Bank: 5.50% APY for 1-year CD
• First National Bank of America: 5.15% APY for 1-year CD
• Alliant Credit Union: 5.25% APY for 1-year certificate
• Barclays: 5.50% APY for 1-year CD
• CIBC Bank USA: 5.62% APY for 1-year CD
• Connexus Credit Union: 5.61% APY for 1-year CD
• LendingClub Bank: 5.65% APY for 1-year CD

Its important to note that CD rates can change frequently, so its always a good idea to shop around and compare rates before opening a CD. Additionally, its important to consider the purpose of the money and when youll need access to the funds to avoid early withdrawal penalties.